PM clarifies income tax rate for low-income salaried class, New Lower rate confirmed

By Huma Ishfaq ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Prime Minister Shehbaz Sharif clarified on Wednesday that the income tax rate for salaried individuals earning between Rs600,000 and Rs1.2 million annually has been…

Senate Rejects FBR Arrest Powers in Sales Tax Fraud Cases

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Senate Standing Committee on Finance and Revenue has rejected the Federal Board of Revenue’s (FBR) proposal to expand its arrest powers in cases…

FBR Exempts One-Time Online Sellers from Registration

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has officially confirmed a key FBR online seller exemption, stating that one-time sellers and women operating small home-based…

FBR Reverses Tax Relief for Low-Income Salaried Persons

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has reversed the proposed tax relief for low-income salaried persons, according to a statement made during a session…

Govt Sets Rs75,000 Limit on Cash Withdrawals by Non-Filers

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government has increased the cash withdrawal limit from Rs50,000 to Rs75,000 for applying the withholding tax on cash withdrawals by non-filers, aiming…

FBR Enforces 15% Tax on Passive Saving Income

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

KARACHI: The Federal Board of Revenue (FBR) has introduced a 15% tax on passive saving income, aiming to reduce the disparity between active and passive…

Govt Slaps Heavy Tax on FB, Google, Daraz & Digital vendors

By Manik Aftab ⏐ 6 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The federal government is set to enforce the Digital Presence Proceeds Levy Act 2025, introducing a new 5% tax on global and domestic digital…

FBR Launches Special Help Desks for Overseas Pakistanis

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: In a move to support Pakistani expatriates, taxation authorities have launched FBR facilitation desks for overseas Pakistanis at key Regional Tax Offices across the…

FBR Auditor Suspended After Harassment Complaint in Multan

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

MULTAN: A Senior Auditor (BS-17) at the Regional Tax Office (RTO) in Multan has been suspended by the Federal Board of Revenue (FBR) due to…

Luxury Cars in Pakistan to Get Pricier After Budget 2025-26

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: Luxury cars in Pakistan are expected to become more expensive after Budget 2025-26, as the federal government prepares to raise advance taxes on high-end…

Bahria Town’s Icon Tower to Be Auctioned by FBR due to tax Default

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the auction of Bahria Icon Tower in Karachi, along with the Mall of Islamabad, to…

Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock

By Manik Aftab ⏐ 7 months ago ⏐ Newspaper Icon Newspaper Icon 3 min read

ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…

27 million Crypto users are still un-Taxed in Pakistan because of Regulatory inaction

By Manik Aftab ⏐ 8 months ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Crypto tax in Pakistan remains a grey area, with the Federal Board of Revenue (FBR) yet to establish a clear framework for taxing digital assets.…

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